My Cuban notes collection

If the CUP is 1-25, does that make the pre embargo 1000 peso note, worth $40,
and, what is the collector value?

 

Log in or Sign up to hide this ad.

That's kind of tricky as these are no longer legal tender. I supposed they are worth whatever anyone is willing to pay.

 

I just ran into the whole cuban note ebay issue. I dont understand how they can not allow you to sell cuban notes, especially when they are pre-embargo/Castro. Irritating. Anyways, this is the note I was trying to list, if anyone has interest feel free to pm me.

 

$4.40 in Convertible Pesos. That's the currency they force tourists to use, making them exchange good currency for this currency that is worthless outside Cuba. So don't exchange more than you need when you go to Cuba, otherwise the Cuban government gets to keep your good currency and you are left holding excess "suveneir currency" that in theory is equivalent to US Dollars but you can't get it exchanged anywhere.

These are pegged 1:1 to the Dollar, so this would buy what $4.40 USD would buy (well, in Cuba only...and only in shops catering to tourists and people with foreign hard currency).

Not part of the collection. It's coming with me to Cuba. It was left over from a relative's trip there and he let me have it for my trip.

 

Actually tourists - at least from countries other than the US - can buy and then use both the regular Cuban pesos and the convertible pesos. Friends of mine who have recently been there used both CUC and CUP (mostly CUC though). But you are right, both have fixed exchange rates, and you can - at least legally - not take the local cash outside the country. The latter is a restriction in several countries by the way; always make sure that, if you do it, it's OK to do it.

Christian

 

It is illegal to take Indian currency out of India. But even if you leave the USA with more than $10K you have to declare it - "Patriot" Act regulations.

 

I really enjoy the detail on the pre embargo issues. A 10 Pesos from my collection.